2nd December 2021
- Powell Stresses Vigilance on Inflation, Says Policy to Adapt
Fed chair comments in second day of congressional hearings
Cautions risk of persistent higher inflation has clearly risen
- Fed’s Mester Open to Faster Taper to Win Space for Rate Hike
Cleveland Fed chief says higher rates in 2022 may be needed
Regional presidents including Daly, Bostic mull faster taper
- Record Volumes at LA Ports to Be ‘New Normal’ After Crisis
Consumer demand to keep Los Angeles, Long Beach ports busy
Cordero reports fewer containers are waiting for transport
- Oil Skittish Near Three-Month Low Ahead of OPEC+ Supply Meeting
Producer group set to decide on January supply later Thursday
First case of the new coronavirus variant detected in U.S.
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